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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

Uganda: Nation, Islamic Bank sign $300mln funding deal

Posted on 11 November 2010

From Aallafrica.com: The Government has signed a $300m (about sh685.5b) deal with the Islamic Development Bank, under the Member Country Partnership Strategy, to finance infrastructure development in the country.
Finance minister Syda Bbumba said the money would fund projects in water, roads, rail and energy sectors. “But the energy sector will be given priority to help people in agri-business process their produce according to international standards,” she added……………………………………….Full Article: Source

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